I want to thank Don for his many years of dedicated and tireless service to Wachovia," said Robert K. Steel, President and CEO of Wachovia. "Don is highly respected throughout the company and the industry for his strong leadership, his excellent collaboration and his high ethical standards. We are grateful for his many contributions to the company."
Truslow added, "It has been a privilege to serve as Chief Risk Officer for Wachovia and to work with such outstanding colleagues. Wachovia is an excellent company with strong core businesses and an outstanding franchise. In the short time I have worked with Bob Steel, I have come to admire him, and I know that his strong leadership will serve the company well."
Truslow joined legacy Wachovia in 1980 and has held a number of leadership positions in Finance, Risk Management and Corporate Banking. He served as Treasurer and Comptroller before becoming Chief Risk Officer in 2000.
Truslow has been active in the community in several volunteer leadership capacities including Director of the Federal Reserve Bank of Richmond, Charlotte Branch; Member of the Board of Visitors, Babcock Graduate School of Management, Wake Forest University; and Chairman of the Board, Charlotte-Mecklenburg Arts & Science Council.
About Wachovia
Wachovia Corporation (NYSE:WB) is one of the nation's largest diversified financial services companies, with assets of $812.4 billion and market capitalization of $33.5 billion at June 30, 2008. Wachovia provides a broad range of retail banking and brokerage, asset and wealth management, and corporate and investment banking products and services to customers through 3,300 retail financial centers in 21 states from Connecticut to Florida and west to Texas and California, and nationwide retail brokerage, mortgage lending and auto finance businesses. Globally, clients are served in selected corporate and institutional sectors and through more than 40 international offices. Our retail brokerage operations under the Wachovia Securities brand name manage more than $1.1 trillion in client assets through 14,600 financial advisors in 1,500 offices nationwide. Online banking is available at wachovia.com; online brokerage products and services at wachoviasec.com; and investment products and services at evergreeninvestments.com.
